The Inland Revenue Authority of Singapore (IRAS) has published an updated e-Tax Guide Income Tax: Tax Deduction for Expenses Incurred on Renovation or Refurbishment Works Done to Business Premises (Sixth Edition). The e-Tax Guide explains the tax deduction granted under section 14N of the Income Tax Act (2020 Revised Edition) (ITA) for the capital expenses incurred by taxpayers for the renovat…